HSBC is pleased to announce that it’s home loan promotional offer available as from 3% interest rate p.a is now on and will run until 31 July 2022. This offer is applicable for purchase of fully built properties as well as for refinancing of existing home loans taken at other institutions.
Whether an individual is taking a step to buy his primary residence, thinking of investing in additional residential properties, or even looking to lower existing home loan repayment held at other institutions, an HSBC Home Loan is the recommended solution.
The offer has been designed to bring maximum benefits to our customers:
- Free cash flow by paying lower monthly instalment and lesser interest.
- Make substantial savings over the long term through following features:
- an exceptional discount of 0.5% for the first year which allows eligible customers to benefit from a low interest rate starting as from 2.5%.
- an optional moratorium on capital repayment for the first 12 months.
- an exclusive fortnightly repayment arrangement.
- 50% discount on handling fee.
- Flexibility to repay loan early- at any time- without any early repayment fees.
- Obtain the Government Home Ownership Scheme refund up to Rs. 500,000 available until 30 June 2022.
Nitin Ramlugon, Head of Wealth and Personal Banking at HSBC comments on the HSBC mortgage campaign as follows: “At HSBC, we are looking to open up a world of opportunity for our customers as they plan and execute their property projects. Accordingly our home loan has been carefully designed for our customers to access the right tailored solutions that meet their needs.”
Note to editors:
HSBC Holdings plc
HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 64 countries and territories in its geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of $3.0tn at 31 December 2021, HSBC is one of the largest banking and financial services organisations in the world.
